Equipment Lease Termination Agreement

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This Equipment Lease Termination Agreement is for use by parties to an Equipment Lease who wish to terminate the lease before its expiration date. It is important to have a written Termination Agreement in the event there are future questions or concerns. This form is designed for use in all states and is ready for immediate download.

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An Equipment Lease Termination Agreement is utilized when the parties to an equipment lease consent to terminate the original lease before the expiration date. Having a written termination agreement is beneficial as it clearly sets forth all the terms relating to the early termination of the lease. Should a dispute or disagreements arise, the parties have the termination agreement to refer to for guidance.

Among others, this Equipment Lease Termination Agreement includes the following provisions:
  • Parties to the Agreement: This provision contains the identity and names of the parties entering into the agreement;
  • Equipment: Detailed description of the equipment which is being leased;
  • Termination: Sets forth the effective date of the lease termination;
  • Lease Termination Fee: Sets forth the amount of any termination fee the lessor deems fair;
  • Return of Materials: Sets out the date the equipment is to be surrendered.

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This attorney-prepared packet contains:
  1. General Information
  2. Instructions and Checklist
  3. Equipment Lease Termination Agreement
State Law Compliance: This form complies with the laws of all states
Number of Pages7
DimensionsDesigned for Letter Size (8.5" x 11")
EditableYes (.doc, .wpd and .rtf)
UsageUnlimited number of prints
Product number#34805

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